In yesterday’s Clinton Herald, there was a story about the county unemployment rate surging from 6.6 percent in December, 2011 to 7.3 percent in January, 2012. That’s a big jump! Especially because the rest of the Iowa Workforce Department press release article states that the unemployment rate statewide fell two tenths from 5.6 to...
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One of the best technology reads last week was a New York Times’ big Sunday article on the outsourcing of high-technology manufacturing The iPhone Economy. The piece is a really thorough examination of how high-technology product manufacturing in East Asia has not only resulted in jobs going there that would otherwise be here, but...
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Over drinks at a bar on a dreary, snowy night in Washington this past month, a former Senate investigator laughed as he polished off his beer.
"Everything's fucked up, and nobody goes to jail," he said. "That's your whole story right there. Hell, you don't even have to write the rest of it. Just write...
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Some very bright people are talking about how one might put together business ventures and a local currency that are completely network dependent. Such ventures can be categorized as Economy as a Service (Eaas) and the currency as a meta-currency. The wife was recently hit by the Facebook Deactivation Bug. Long backstory short, she...
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If we leave aside bullshit wedge issues such as gay marriage, etc. it seems reasonably clear that one of if not the overarching, meta-debate between (loosely) “progressives” and “conservatives” really comes down to an argument for what is the best way to get the American economy growing again. And that argument is: which is...
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Ezra Klein, writing for Newsweek nails what’s wrong with Wall Street. The problem for Tourre—and for Wall Street more broadly—is that they’re so intent on proving that what they did was legal that they can’t see that what they did was wrong. These are men (and they usually are men) of the market, and...
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RE: Absence. Yeah, yeah. I know. But there is this whole world out there away from the Intertubes, and it calls to me. And to cheapen this first post back from over a month away even more… I’m just going to link to another blog. Via Economist blog Democracy In America PAUL KRUGMAN says...
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You know, in light of the man’s massive success and the success of his philosophy of business, it really is a wonder that Warren Buffet’s approach to business management and shareholder communications is not thought of as the default approach to running a business. From his latest letter to Berkshire-Hathaway shareholders, Buffet lays down...
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Head to Colorado Springs. More than a third of the streetlights in Colorado Springs will go dark Monday. The police helicopters are for sale on the Internet. The city is dumping firefighting jobs, a vice team, burglary investigators, beat cops — dozens of police and fire positions will go unfilled. The parks department removed...
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